Resthour Technology Completes over CNY 10 Mn Series A+

Technology Author: Fuller Wang Dec 23, 2020 09:10 PM (GMT+8)

The hotel intelligent front desk designing start-up is committed to promoting the upgrading of the traditional hotel industry in China。

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On December 23, 2020, Resthour Technology announces it has completed over CNY 10 million series A+, which is led by Koala Fund. Its existing shareholder, Bojiang Capital, also takes part in this round of funding. It is reported that the series A+ funding will be used for the development of self-service machine products and online products, as well as for advertising and team building.

Founded in 2017, the company has been focusing on the software and hardware development of hotel intelligent front desk. It is one of the primary companies using electronic IDs. To solve the problems of cumbersome check-in procedures and long waiting times, it launches a hotel self-service check-in platform in 2018. Consumers can check-in by using the Alipay ID card function only without a solid ID card. The company's business is mainly for hotels with large passenger flow in the first three tiers of cities. it has realized convenient procedures such as 10-second check-in and 3-second check-out.

 According to Koala Fund, AI and big data promote the intelligent development of various industries, and the upgrading of traditional hotels is the most popular trend. This strategic cooperation with Resthour will promote the upgrading of the traditional hotel industry in China.